|(a) Eligibility at End of Initial Year Award. Students
who complete their first year receiving a grant in compliance with
their institutions' financial aid academic progress requirements are
eligible to receive continuation awards in the following year if they
meet the other requirements listed in §22.256 of this subchapter
(relating to Eligible Students).
(b) Eligibility at End of a Continuation Award. Students
shall, unless granted a hardship provision in accordance with §22.259
of this subchapter (relating to Hardship Provisions), as of the end
of an academic year in which the student receives a continuation award:
(1) complete at least 75% of the semester credit hours
attempted in the student's most recent academic year; and
(2) maintain an overall cumulative grade point average
of at least 2.5 on a four-point scale or its equivalent.
(c) The calculation of a student's GPA is to be completed
in accordance with Subchapter A of this chapter (relating to General
(d) The completion rate calculations may be made in
keeping with institutional policies.